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Does this describe you?
You have no idea if your company is making money or losing money.
You frequently have double paid vendors invoices and have been frequently charged late payment penalties.
You have plenty of unbilled receivables and unrecorded/ unpaid bills.
You have no money in the bank but your ledger is showing plenty of cash.
You have piles of unfiled, unsorted bills and documents you have not acted upon.
You make decisions about the business not based on the current status of the business.
If it does, then you have come to the right place. You do not have to remain in this situation. Bookkeeping and (it's more comprehensive sister), Accounting are actually tools of the trade that are there to help you manage and control your business. When the bookkeeping chore is undone, you lose tract, your business become unhinged and uncontrolled. That cost money and counter to success. Beyond bookkeeping, by doing things rightly, regularly and on time, you reap the benefits of making sound decisions based on facts, a perspective not otherwise available to you....

With the advent of online accounting, companies like LIfeway are able to provide bookkeeping services as convenient as having your own in-house accountant. We all know how expensive it is to hire a full time accountant. And, it is not only a matter of cost but a well trained, competent and dedicated person is hard to come by. At Lifeway, we can set up for you an account with Quickbooks On-line (or other software you prefer) that is multi access, multi users. That means you, as the business owner, your AP or AR person or any assistant and us, as bookkeepers can all enter data/transactions such as check payments, invoices, bills, journals, etc. and draw reports and make inquiries from the software on real time.
We will reconcile your bank account, record your credit card transactions and do the month end close at our end and you can quickly draw the reports after closing. We will be a team that will work together to bring reliable, up-to-date records that truly reflect you operations and progress as a business. The benefits and convenience of on-line multi access and multi users is here....

Lifeway Tax is now an approved e-file provider. Enjoy the convenience of the IRS efile system with Lifeway. The efile system checks for errors with SSNs, W2s and many other databases before accepting the return. That means your preparer can check for typo errors and make revisions prior to filing. This benefit is not available for paper filed returns and will avoid delays in the refund process.
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Tax preparers are licensed to prepare federal returns for all states of the union. Basically, this business is essentially "evidence based reporting" so distance is not an issue. Your preparer is trained to know what is and is not a valid evidence as income or deduction for income tax purposes. There is no necessity of personal contact but it is necessary to interview the client to make sure that the return being prepared is factual.
At Lifeway, we use a checklist of documents that are needed for us to prepare your return. The list is not all inclusive but it is a good guide to start with. If there are other information needed, these will be asked in the phone interview. You can access the checklist here and scroll to the bottom of the page. The checklist is categorized as to what type of return is appropriate. You can send these documents to us by mail to:
Lifeway Tax and Insurance
701 Juanita St., or by fax to 562-448 3079
La Habra, CA 90631
We do not recommend emailing scanned copies of these documents as they have your sensitive information and may be hacked.
Upon receipt of the documents, your return will be inputted in our Drake software and we will call you for the interview to complete your return. Upon completion of a draft, you will be informed of the amount due or to be refunded. If approved, the return will be finalized, printed and mailed to you for your final approval, signature and mailing to the IRS and the state where you are required to file. If your return is qualified for e-filing, it will be e-filed accordingly. If you have changes to make, inform us and we will revise and resend the return, if needed.
Your convenience is our priority. Distance is not an issue and mailing is inexpensive. If you have access to a fax machine, it is even more convenient. But, if your tax situation is complicated and a considerable discussion is necessary or preferred, make an appointment to see us. We will make time for you.
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If you own a home, do you keep tab of your cost basis? Under the Internal Revenue Code, your cost basis is your original cost to purchase plus any allowable improvement that you did on the house. If you did some major renovation this year, keep the receipt and log them in in a journal so you will have a record and proof of your adjusted cost basis if you sell the house. Oftentimes, these major repairs are forgotten and never claimed to reduce the capital gains from sale of the property....

Choosing a tax consultant/ tax preparer is a sensitive matter requiring careful consideration. HR Block and Liberty Tax are fighting hard to get your business. But, are they good for you? If you found a consultant/ preparer who has earned your trust, our suggestion is to keep him.
But, if you are not happy with their service, like when they rushed you to close the return even if you have concerns or you are wondering if they did a good job last year, read along. We think the most important aspect in choosing a tax preparer/consultant is TRUST. Consider these questions.
1. Can I trust my preparer with my family's SSN and DOB which can be easily misused and abused?
2. Does he have my best interest in mind so that he does not rush and carefully looks for deductions I am entitled to?
3. If I have a big tax bill, can I defer some income to reduce my tax due? Is this option available to him?
4. Can I trust him to give me tax planning advice so I can avoid falling into tax traps. Mind you, HR Block and other big chains are in business only to prepare your return. They are not around to give you tax advice specially so after April 15.
With Lifeway, tax advice is free, and available year round. Moreover, we take stewardship of your personal information (SSN, DOB, phone, email, children's details) very seriously and will not sell or share your information to anyone, period! We work to earn your trust and keep it.
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